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Smithdown Road, Liverpool, Merseyside, L7

PROPERTY TYPE

Flat

BEDROOMS

3

BATHROOMS

1

SIZE

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Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Description

FOR SALE BY ONLINE AUCTION 15TH MAY 2024:

A great investment opportunity with these two self-contained flats, located in the popular rental area of Smithdown Road. Both properties benefit from Upvc double glazing, gas central heating, fitted kitchens with integrated appliances, and laminate flooring throughout. Flat 80B is a 1 bedroom, first floor flat, and 80C is a 2 bedroom, second floor flat, accessed via Whittier Street. Both are currently tenanted on AST’s at £450pcm/£10,800 per annum. Following a rent review, these could be increased to the market rate of £575 - £650pcm, providing a an even stronger yield. We have been informed the properties are Leasehold with a term of 125 years from 6th August 2007. NB - Venmores have not carried out an internal inspection and all photos supplied were taken prior to the current tenants moving in.


ACCOMMODATION
Flat 80B: Entrance Hall, Open Plan Living/Kitchen, Bedroom, Shower Room
Flat 80C (accessed via Whittier St): Entrance Hall, Open Plan Living/Kitchen, 2 Bedrooms, Shower Room
Outside: On-Street Parking on Whittier Street.

LOCATION
Situated on Smithdown Road approximately 2 miles south of Liverpool city centre in a popular residential location close to the local amenities, bars, restaurants and shops on Lodge Lane.

TENURE: Leasehold

COUNCIL TAX: A

AUCTION FEES
The sale of this lot is subject to a Buyer’s Administration Fee of 1% + VAT of sale price, subject to a minimum £1800 + VAT, payable on the fall of the hammer. The purchase of this property may include associated fees not listed here. Any additional fees will be implemented by the sellers solicitors and confirmed in the legal pack which can be downloaded for free from our website prior to the auction.

Tenure: Leasehold You buy the right to live in a property for a fixed number of years, but the freeholder owns the land the property's built on.Read more about tenure type in our glossary page.

GROUND RENTA regular payment made by the leaseholder to the freeholder, or management company.Read more about ground rent in our glossary page.

£0 per year

ANNUAL SERVICE CHARGEA regular payment for things like building insurance, lighting, cleaning and maintenance for shared areas of an estate. They're often paid once a year, or annually.Read more about annual service charge in our glossary page.

£0

LENGTH OF LEASEHow long you've bought the leasehold, or right to live in a property for.Read more about length of lease in our glossary page.

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Energy performance certificate - ask agent

Council TaxA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council tax in our glossary page.

Band: A

Smithdown Road, Liverpool, Merseyside, L7

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Edge Hill Station0.4 miles
  • Wavertree Technology Park Station1.1 miles
  • St. Michaels Station1.5 miles
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About the agent

Venmore, Auction Department

Prospect House, Columbus Quay, Liverpool L3 4DB

Venmore, Auction Department

Venmore Auctions are the oldest property auction house in Merseyside and have been going for well over a century. We are the leading property auction experts in the region and offer 6 auction sales every year selling a mixture of residential, commercial, development, ground rents and land.

Over the last 18 months our auction sales rate is the best in Merseyside and one of the best in the whole UK, selling on average over 90% of all properties offered. The best sales rates since 2007, pr

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Industry affiliations

National Association of Estate AgentsOmbudsman for REsale Estate Agents (no OFT logo)Association of Residential Letting Agents

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Disclaimer - Property reference AUC240199. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Venmore, Auction Department. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Venmore, Auction Department on 0151 453 6838.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

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